This document can be purchased as part of a discount bundle. Post acquisition integration strategy post merger integration pmi pdf document. More free checklists can be accessed by downloading our playbooks. This article discusses postmerger integration pmi and the tradeoff between the economic benefits and costs that arise when organizations merge under a new organizational. Postacquisition integration handbook l l 8 l baker mckenzie experience has taught us that the key to developing an effective postacquisition integration plan, implementing it successfully, and. Youve considered all of the likely market reactions.
There are 30 best practice frameworks include the postmerger integration pmi. In applying the social penetration theory for integration, the dynamics, key issues, and managerial implications are discussed. Actively measuring our performance during an integration process is crucial to driving performance excellence in our acquisition process. One major reason is that companies tend to treat postmerger integration pmi as a mechanical process that occurs after the deal is closed. Merger and acquisition activity has grown sharply in. Executing an acquisition integration plan is certainly one of the most difficult assignments one can face in the corporate world. In fact, it is the strategic and tactical choices made before the deal. Xyz is pleased to have assisted client x\s leadership in developing the following company a integration strategy. Post acquisition integration handbook 2011 institute for. The situations described above are not the cause of postacquisition pain but merely its symptoms. Describe the options in the analysis of alternatives aoa. Hard data, hard truths by johannes gerds and freddy strottmann with pakshalika jayaprakash illustration by vince mcindoe the numbers dont. Postacquisition integration handbook baker mckenzie.
Our experience shows that the main reason for failure is poor performance during postmerger integration pmi. In addition to providing a global overview of the corporate, tax, employment benefits, antitrust, compliance and risk management, and project management elements of a multinational post. The integrated set of innovative accelerators and enablers offers solutions that can be tailored to each clients transaction journeyand helps map the path ahead. A postmerger integration checklist is a document that you can keep on file during a merger or acquisition that details all of the steps you need to take to ensure. A postacquisition integration checklist is a document that you can keep on file during a merger or acquisition that details all of the steps you need to take to ensure that you integrate the two teams in. Culture and change management are among the most unpredictable factors of deal success. By integrating both teams and creating a new, stronger one, your business will hopefully receive a boost.
Post merger and acquisition integration strategies godfred yaw koiakrofi. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation. Boston consulting group is an equal opportunity employer. How the best acquirers excel at integration mckinsey. Oliverwymans approachmakesthecomplexityofanintegration manageableand,asa result,createssecurityat atimeofintensestress. Youve done your homework and found the right company with the right strategic fit. Integration following a merger or acquisition is key to. A framework for understanding postmerger information.
Determine if a cfius submission is advisable in those cases where the buyer is a foreign entity 2. Nevertheless, all acquisitions share a common objective. Post four keys to a successful merger integration strategy for shared services ensure your sso is ready for the next integration april 2016. In addition to integration progress and synergy tracking. Post acquisition integration handbook l l 8 l baker mckenzie experience has taught us that the key to developing an effective post acquisition integration plan, implementing it successfully, and overcoming the inevitable challenges, is the early identification of the overriding strategic and business. Creating a postacquisition integration checklist plus a. Post acquisition integration strategy post merger integration pmi. Detailed interview data and questionnaire responses in.
Patterns of postacquisition integration in technological firms. Postacquisition strategies, integration capability, and the economic performance of corporate acquisitions by h. In one view, postmerger integration is understood as a set of actions. Many top corporate managers are faced with the challenge of a post merger integration pmi at least once in their career. Postmerger integration planning pmi postmerger integration planning sets the pace for achieving expected commitments through a corporate development transaction such as synergies and growth. This section provides an overview of the type of integration process that typically ensures success in global post. Pdf the role of trust in postacquisition integration process. The root causes are insufficient integration readiness planning, urgency to meet. These templates are available for free download in microsoft excel, word, and powerpoint formats, as well as pdf. Interested in getting more guidance around your post merger integration. We then lay out a research agenda that centers on expanding our understanding of processual dynamics in postmerger integration. Thomaskautzsch,partner 82% 60% 46% t h ec al ng sof pmi thesoftfactorsdetermine success stabilizationof theorganization cultural integration operational synergies. In addition to providing a global overview of the corporate, tax, employment benefits, antitrust, compliance and risk management, and project management elements of a multinational post acquisition integration, the handbook also contains summary tables covering the key legal integration methods for 45 countries. Target fi rm member trust, in turn, may infl uence several sociocultural integration outcomes as well as postacquisition performance.
The purpose of this research was to explore the postacquisition integration process of acquiring a larger or evensized company within a hightech context. Integration handbook 2017 postacquisition integration. Managing the postacquisition integration process london. Anybody who has led the implementation of a large information system or the. Hard data, hard truths by johannes gerds and freddy strottmann with pakshalika jayaprakash illustration by vince mcindoe the numbers dont lie.
This body of literature builds on the premise that au value creation takes. Exclusively focused on post merger integration and separation. Postmerger and acquisition integration era is the period where planned and thought through, as well as contingent strategies are deployed with the aim of achieving the motives for the merger or. A post acquisition integration checklist is a document that you can keep on file during a merger or acquisition that details all of the steps you need to take to ensure that you integrate the two teams in the best way possible. The strategy represents an intense, fourweek collaboration between client x and xyz to. Goals of preacquisition due diligence regarding cfius 1.
Maximizing the value of an acquisition by focusing on the softer side of pmi. The first 100 days as part of our complete pmi offering developing and supporting the rst 100 days of an integration is a vital component of our. Short cuts, limited resources and potential missteps can cause a merger integration to produce a diminished return on investment. Pre and postacquisition due diligence and integration. The burnie groups specialists are happy to have a noobligation discussion with you about the post merger integration process and what makes mergers work. Post merger and acquisition integration era is the period where planned and thought through, as well as contingent strategies are deployed with the aim of achieving the motives for the merger or acquisition.